up in smoke

Pot Bubble Intact

NFTRH has its own bubble segment, called Global Cannabis Sector and that is not because I like chasing bubbles, but because it’s a big social change event with many implications, economic and otherwise.

But it is a bubble, just as the internet and many aspects of tech were bubbles before they tanked and went on to change the world.

So for now we just track some of the key items and in NFTRH 521 the dashed lines were drawn in to show the items that had broken out and those that were prospective to do the same. Well today… check

I hold CVSI and bought back GWPH on its recent tank job (still intact above the SMA 200, which is not shown on this chart). Tilray and Cronos look to recover from the attemped Citronicide and the sector appears to have a shot at the highs as the hype gets ready to max out this week with Canada’s legalization on Wednesday. Sell the news? It’s a valid question.

mj

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